Self-Storage Is All About Opportunities And Smart Decisions - Drew Dolan
Explicit content warning
10/11/22 • 36 min
Today, you’ll know why self-storage is a data-driven industry and how to seize the best opportunities with Drew Dolan. Start listening to learn more about how he manages his funds and investments, the value of risk mitigation, and why mistakes are essential to your overall success. Check this episode!
WHAT TO LISTEN FOR
Effects of having new investors entering the self-storage industry
How you should look at your investments and become a good investor
Why it’s important to be cautious and knowledgeable about business risks
2 things to add to your criteria for selecting team members
What you need to implement to find success in self-storage
ABOUT DREW DOLAN
Over his 20-year career in development and construction, Drew has focused on deal structure, debt, and capital procurement and management. He has raised over $500 million and placed over $1 billion in debt for real estate investments. As fund manager and Principal at DXD, Drew created the fund structure, oversaw the capital raise for DXD Self Storage Fund I, which launched in 2020 and exceeded the goal ending with $53 million, and placed $50 million in debt in the first year. Drew has been quoted in the Wall Street Journal and New York Times as an expert in the self-storage industry. Previously, Drew was Fund Manager For Titan Development Real Estate Fund I, a $112 million fully-discretionary fund focused on ground-up development. Before becoming Fund Manager, he was President of Titan Development. Drew is currently a member of YPO, active on his ULI Council, and was formerly on NAIOP's national board. He holds a BS in Industrial Engineering from Arizona State University.
CONNECT WITH DREW
Website: DXD Capital
CONNECT WITH US
Website: https://www.selfstorageinvesting.com/
Facebook: https://www.facebook.com/selfstorageinvesting
Twitter: https://twitter.com/SelfStorageGuy
LinkedIn: https://www.linkedin.com/in/scottameyers/
Youtube: https://www.youtube.com/user/SelfStorageInvesting
Instagram: https://www.instagram.com/self_storage_investing/
Subscribe so you never miss a NEW episode! Leave us an honest rating and review on Apple Podcast.
Today, you’ll know why self-storage is a data-driven industry and how to seize the best opportunities with Drew Dolan. Start listening to learn more about how he manages his funds and investments, the value of risk mitigation, and why mistakes are essential to your overall success. Check this episode!
WHAT TO LISTEN FOR
Effects of having new investors entering the self-storage industry
How you should look at your investments and become a good investor
Why it’s important to be cautious and knowledgeable about business risks
2 things to add to your criteria for selecting team members
What you need to implement to find success in self-storage
ABOUT DREW DOLAN
Over his 20-year career in development and construction, Drew has focused on deal structure, debt, and capital procurement and management. He has raised over $500 million and placed over $1 billion in debt for real estate investments. As fund manager and Principal at DXD, Drew created the fund structure, oversaw the capital raise for DXD Self Storage Fund I, which launched in 2020 and exceeded the goal ending with $53 million, and placed $50 million in debt in the first year. Drew has been quoted in the Wall Street Journal and New York Times as an expert in the self-storage industry. Previously, Drew was Fund Manager For Titan Development Real Estate Fund I, a $112 million fully-discretionary fund focused on ground-up development. Before becoming Fund Manager, he was President of Titan Development. Drew is currently a member of YPO, active on his ULI Council, and was formerly on NAIOP's national board. He holds a BS in Industrial Engineering from Arizona State University.
CONNECT WITH DREW
Website: DXD Capital
CONNECT WITH US
Website: https://www.selfstorageinvesting.com/
Facebook: https://www.facebook.com/selfstorageinvesting
Twitter: https://twitter.com/SelfStorageGuy
LinkedIn: https://www.linkedin.com/in/scottameyers/
Youtube: https://www.youtube.com/user/SelfStorageInvesting
Instagram: https://www.instagram.com/self_storage_investing/
Subscribe so you never miss a NEW episode! Leave us an honest rating and review on Apple Podcast.
Previous Episode
What Is The Data Telling Us - Cory Sylvester
Are you wondering if self-storage investment is still as good as advertised amidst the surging inflation? Let’s look into the data as to how self-storage does in different economic cycles, and Cory Sylvester joins the show to walk us through it. Don’t miss this opportunity to learn what demand drivers are and how to achieve cash flow even at increasing rates!
WHAT TO LISTEN FOR
Ways to approach the marketplace in the face of recession
Effects of inflation on the demand for self-storage facilities
How you can utilize the third-party management as an investor
Reasons to go after developmental opportunities in a changing economic cycle
What high rental rates and square feet per capita means for the self-storage space
ABOUT CORY SYLVESTER
Cory leads site selection, investment committee, and technology architecture for DXD. His innovative efforts drive the evolving proprietary technology that is core to DXD's differentiation. In addition to participating in the $53 million capital raise, Cory has built out the national real estate development team. He is a founding Principal of Radius+ and is responsible for overseeing the data validation efforts for Radius+'s core datasets. Before founding Radius+, he spent six years investing in technology companies at Columbus Circle Investors and J.P. Morgan Asset Management. He started his career at J.P. Morgan's Investment Bank after graduating with a BA in Economics from Skidmore College.
CONNECT WITH CORY
Website: DXD Capital https://www.dxd.capital/
Website: Radius+ https://radiusplus.com/
Website: Union Realtime LLC https://www.unionrealtime.com/
Twitter: @hh1326 https://twitter.com/hh1326
CONNECT WITH US
Website: https://www.selfstorageinvesting.com/
Facebook: https://www.facebook.com/selfstorageinvesting
Twitter: https://twitter.com/SelfStorageGuy
LinkedIn: https://www.linkedin.com/in/scottameyers/
Youtube: https://www.youtube.com/user/SelfStorageInvesting
Instagram: https://www.instagram.com/self_storage_investing/
Subscribe so you never miss a NEW episode! Leave us an honest rating and review on Apple Podcast.
Next Episode
A More Satisfying Success For Yourself Through Real Estate - Dean Rogers
In this episode, Dean Rogers shares how he became a real estate investor and took a significant shift in his career in search of freedom. Dial in to learn about finding the best wholesale and fix-and-flip deals and why you should start getting into the self-storage space. Tune in and develop yourself for tremendous success!
WHAT TO LISTEN FOR
Why you should nurture your interest in real estate
The power of having grit and making the most out of it
What makes self-storage better than multifamily investing
Advantages of seller financing in today’s market
The primary benefit of self-storage investing
ABOUT DEAN ROGERS
Dean Rogers began his career in the NFL with the San Diego Chargers. Dean soon realized that if he kept playing, his health would be at stake. After walking away from the NFL, he has been in the real estate industry since 2013, leading him to build a successful business in California. Since then, Dean has flipped and wholesaled hundreds of houses and has a rental portfolio of eight figures. He is passionate about real estate and helping others learn how to build wealth and freedom. In 2022, Dean created The Wholesaling Playbook to provide a resource for others that want to take their real estate investing business to the next level. The Playbook shows step-by-step proven systems and best practices that we are using in our active 7 Figure business.
CONNECT WITH DEAN
Website: Dean Rogers
Podcast: The Dean Rogers Show
Instagram: @deanrogersrealestate
Youtube: Dean Rogers
Tiktok: @deanrogersrealestate
Email: [email protected]
CONNECT WITH US
Website: https://www.selfstorageinvesting.com/
Facebook: https://www.facebook.com/selfstorageinvesting
Twitter: https://twitter.com/SelfStorageGuy
LinkedIn: https://www.linkedin.com/in/scottameyers/
Youtube: https://www.youtube.com/user/SelfStorageInvesting
Instagram: https://www.instagram.com/self_storage_investing/
Subscribe so you never miss a NEW episode! Leave us an honest rating and review on Apple Podcast.
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